Hi everyone.

I was engaged by friend about Forex exchange at forex.com.

There are couple things that come into my mind.

How to detect it is a scam.
The account created on forex.com under my name and i have to authorize a trader to trade for me. (mean worry free).
There is sum of amount i need to pay to trader at fix amount yearly.

1. Forex.com is reliable source ?
2. What can authorized trader do ? Possible purposely causing money losing to gain on his end ?
3. I am thinking getting forexautopilot to test out demo account. Anyone using this software and where to get it(Last time was sold in LYN but being ban after that).

Going to start USD 100 account. i only using mt4. which broker to recomend ?
what is the smallest trading allow ? eg EURUSD. 1 pip = 1dollar ?

I try a demo account ibfx aus.

Leaverage 1:400.

There is something call size which is 0.01 to 5. i wonder can i place order with 0.01 on live account ?

This post has been edited by tyj82: Oct 14 2010, 08:24 AM

guys really need you help ....

Assuming EUR/USD pair

having leverage 1:400

trading size = 0.01

how much is 1pips in USD.

My calculation tells me it is $0.10

Please tell me this is correct or wrong.

is most broker allow size 0.01 ?

This post has been edited by tyj82: Oct 18 2010, 07:37 PM

mini..

what about micro ?

guys really need you help ....

Assuming EUR/USD pair

having leverage 1:400

trading size = 0.01

how much is 1pips in USD.

My calculation tells me it is $0.10

Please tell me this is correct or wrong.

is most broker allow size 0.01 ?

any idea if this is corect on mini account

what is different for micro account ?

I need to get this right before starting real account.

Demo account you can set anything and they just allow it.

Thanksyou very much. I going with IBFX mini account.

IBFX need certified document.... that annoying.. need to get those document certified at police station

I dont know where to get micro account. but i am day trader.. so about 2-3 trade a day... unless when really i go scapling.
*micro account some got charge like 0.10 per trade(fxcm).. that very unfair.

already got 3 demo account . all making 20%-30% profix in 2 weeks

yes, I am talking about mobile platform..

I checking with IBFX AUS account and they allow swap free account upon application BUT there is some charges on swap free account. can someone confirm this ?

I wonder did anyone try this
buy and sell at the same time . Set S/L +30 pips and T/P +90 pips on both
Which ever direction it goes u will make 60pips

of make 60pips in every transaction and of course T/P and be adjusted if the direction is good. ....

i make 3 TP (3x60= 120 pips) from this strategy loss 1(both direction lost 2x30 pips = 60 pips)

Still 60pips gain.

Please shoot me..i am noob

I tested and the result give

i make 3 TP (3x60= 120 pips) from this strategy loss 1(both direction lost 2x30 pips = 60 pips)

I need a EA to run the history .. anyone know how to configure ?

Hi,
I have the same way of thinking creating account in AUS rather than USD but most of the time I am playing with EURUSD pair.

Does it affect the conversion each time placing trace on EURUSD...

I am very new to forex. ....

Guys with IBFX, how do you guys get the certified document for them....
I have trouble getting the document certified. do know who can certified for me. Most will reject after telling i am gonna use it for FX trading.

Give up on IBFX.. they insist on certification. I going for OANDA.

Giving up MT4.... Let hope I dont made the wrong choice

Nice. U did not set T/P ?